Anthropic raised a $30B Series G led by GIC and Coatue and co-led by D. E. Shaw, Dragoneer, Founders Fund, Iconiq, and MGX at a $380B post-money valuation
We have raised $30 billion in Series G funding led by GIC and Coatue, valuing Anthropic at $380 billion post-money.
Anthropic adds Chris Liddell, a former Microsoft and GM exec who helped GM IPO and worked in Trump's first administration, to its board ahead of a potential IPO
The former Microsoft and GM executive Chris Liddell has previously worked for the Trump administration
A look at China's “genius class” system, which picks ~100K gifted teens annually for elite science-focused schooling; its alumni span ByteDance, PDD, and more
A look at China's “genius class” system, which picks ~100K gifted teens annually for elite science-focused schooling; its alumni span ByteDance, PDD, and more
A network of ultra-competitive high-school talent streams has been turning out the leading lights of science and tech
Many AI founders now find it necessary to raise at valuations requiring absolute domination of the field; Brex, once valued at $12B, shows the downsides of this
Capital One just announced it's acquiring Brex for $5.15 billion. An incredible, top .1% “exit” in less than 10 years …
Tech analyst Dan Wang reflects on the Chinese Communist Party vs. Silicon Valley, AI and manufacturing, how China and the US are building the future, and more
danwang.co/2025-letter/ Conor Sen / @conorsen : This is how I learned I'm a better fit for finance culture and tech culture. You only succeed in tech culture by fully embracing th...
Tech analyst Dan Wang reflects on the Chinese Communist Party vs. Silicon Valley, AI and manufacturing, and how China and the US are building the future
One way that Silicon Valley and the Communist Party resemble each other is that both are serious, self-serious, and indeed, completely humorless.
Sources: Nvidia's licensing deal with Groq, which has raised ~$1.8B, includes payouts to Groq's key execs and investors, including BlackRock and Tiger Global
Nvidia stunned Silicon Valley on Wednesday by agreeing to pay about $20 billion to license technology from Groq …
Nvidia agrees to a licensing deal with Groq; CEO Jonathan Ross and other top executives will join Nvidia; Groq says it will continue operating independently
anybody who knows anything about AI chips knows groq's first gen chips aren't competitive but maybe their upcoming chips might have been able to threaten nvidia? @josephjacks_ : Ov...
Nvidia agrees to a licensing deal with Groq; CEO Jonathan Ross and other top executives will join Nvidia; Groq says it will continue operating independently
Nvidia Corp. agreed to a licensing deal with artificial intelligence startup Groq, furthering its investments in companies connected …
Policymakers behind key state AI bills scoff at Trump's EO; some GOP governors are pushing ahead with their own AI bills; Steve Bannon says Sacks misled Trump
States are forging ahead with AI laws despite President Trump's new executive order aimed at reining them in.
President Trump signs an executive order aimed at preempting a growing number of state AI laws, saying “we want to have one central source of approval”
Transformer Weekly: Trump signs EO, Hochul guts the RAISE Act, and GPT-5.2 launches Michael Kan / PCMag : Trump Signs Executive Order to Go After ‘Burdensome’ State AI Laws Poligir...
President Trump signs an executive order aimed at preempting a growing number of state AI laws, saying “we want to have one central source of approval”
U.S. President Donald Trump on Thursday signed an executive order on artificial intelligence that will attempt to preempt …
Coinbase plans to move its incorporation from Delaware to Texas, saying Delaware “once provided companies with consistency” but now has “unpredictable outcomes”
Coinbase is following Tesla out of Delaware and into Texas. — Paul Grewal, Coinbase's chief legal officer …
MongoDB CEO Dev Ittycheria is stepping down after 11 years, replaced by Cloudflare President of Product & Engineering Chirantan Desai, effective November 10
Database software maker MongoDB said on Monday that CEO Dev Ittycheria is stepping down from the top job after an 11-year run.
The AI buildout, surpassing railroads and the internet, moves Big Tech from being asset-light to asset-heavy, which has historically produced inferior returns
Executive Summary — The AI revolution has reached a key inflection point, with the largest U.S. tech firms embarking on a massive AI infrastructure buildout.
Mercor launches the AI Productivity Index (APEX), which evaluates AI models' ability to perform “economically valuable knowledge work”; GPT-5 leads at 64.2%
still not production-ready Nikita Ostrovsky / Time : AI Is Learning to Do the Jobs of Doctors, Lawyers, and Consultants arXiv.org : The AI Productivity Index (APEX) Agnee Ghosh / B...
How Brazil's Pix digital payment system, adopted by 80%+ of citizens, became a target of the Trump administration, which says it unfairly undercuts US companies
Wired: Trump is punishing Brazil because their useful central bank payment system is squeezing out PayPal — www.nytimes.com/2025/09/29/w... Piyush Mittal / @piyushmittal : Brazil...
VCs say some AI startups, under pressure to show rapid ARR growth, are using questionable accounting practices like counting one-time deals as recurring revenue
Allie Garfinkle / Fortune :
The European Commission considers simplifying the 2009 rule that plastered the internet with cookie consent banners, as it seeks to reduce regulatory burdens
In a bid to slash red tape, the European Commission wants to eliminate one of its peskiest laws: a 2009 tech rule that plastered …